Paul Andrews’ Post

Excellent insight which speaks to the aspirational heart of true community engagement.

Philanthropy and pageants are two concepts that can be intertwined. For decades pageants have been commonly recognised for their charitable involvement in communities and society, primarily focusing on philanthropy as well as social well-being through related activities in serving public interest and common good. Whether it’s supporting homelessness, environmental issues or times of crisis. Cause-related collaboration offer unique opportunity for impactful giving, in creating a better economy. The beauty of helping others.

Understanding what drives philanthropy and what is its purpose are some of the themes at this years Forum on Family Philanthropy in Atlanta led by #NationalCenterforFamilyPhilanthropy. Key takeaways (of just 3 hours yesterday!) 1. Family should serve the Foundation not the other way around. With wide latitude and little accountability it is up to families to take responsibility to do the work with excellence; to use outside experts to address blindspots; and to develop clear governance that is accountable to and earns the trust of the communities they serve. 2. This work is difficult but often becomes more complicated than it needs to be. Our job is help get this precious philanthropic capital out into the world, our communities, in a manner that authentically reflects and involves the people who need it and building trust and concensus on how it’s invested in communities. In 2023, Americans gave away over $557 billion. The division falls roughly to $334 billion by individuals, $103 billion by Foundations and $36 by Corporations. #nationalphilanthropictrust We have great opportunities as board members and stewards to be thoughtful on our decisions and how we make decisions to make sure this capital is effective and impactful. Looking forward to continuing this work to serve families, individuals and foundations!

We work with family business, family office, and family enterprise owners all over the world. Each family and owner group is unique, but we’ve found that they often come to us with similar questions. How can a large, diverse group of family owners continue to steer the business? How can we transition the family office to the next generation? How can you involve the next generation in your philanthropic efforts to foster a connection to the family values and enable meaningful collaboration? Check out Our Practice page on our website to see what family owners are asking and the further resources we have. #FamilyBusiness #Ownership

Trust-based philanthropy is a powerful framework for community foundations. Gain insights into principles, strategies, and benefits for more inclusive and impactful philanthropy. 🌐💡 https://buff.ly/48sWVQ5

Philanthropy and impact are key priorities for the enterprising families I am lucky to work with, but it can also be overwhelming to know where to start. There are so many needs in the world and so many ways to give back. In an article for Family Capital Publishing, I lay out best practices for setting up a philanthropic initiative: 1️⃣ Prioritize your family values and mission - think about what you want to do, define core principles, and get buy-in from family members. 2️⃣ Keep it professional - govern your philanthropic initiatives with formalized policies and procedures. Treat it like another business. 3️⃣ Generational engagement - engage the Rising Gen to teach them about giving and give them a vested stake in the outcomes. 4️⃣ Measure your impact - make sure there are key goals and benchmarks to maximize your impact. 5️⃣ Revisit and rewrite - governance isn't set in stone; make it flexible. It should evolve to incorporate changes in attitudes and results of prior initiatives. Giving back should be viewed as a privilege, not a chore! With the proper plan in place, philanthropy and impact can be the most rewarding part of your family's legacy! #philanthropy #socialimpact #givingback #familylegacy #familyenterprise #familybusiness #familyoffice #foundation Click below to read more.

Article || Involving the Next Generation in Family Philanthropy: A Crucial Aspect of Estate Planning Family philanthropy is a multigenerational legacy that fosters a culture of giving and social responsibility within families. Involving the next generation in family philanthropy is more than a noble endeavor; it is a strategic component of estate planning that ensures the longevity and impact of philanthropic efforts. By integrating younger family members into the philanthropic process, families can preserve their legacy, instill values of generosity, and adapt to evolving societal needs. In today’s article, we shall discuss the importance of including the next generation in family philanthropy and offer practical ways for incorporating this into estate planning. Continue reading on our website via: https://lnkd.in/g7wgQZgN

In my extensive experience with successful campaigns, I've learned that philanthropy goes beyond money—it's about the belief and passion driving a community towards strength and unity. Beyond financial contributions, it's the shared commitment to positive change that defines true philanthropy, creating a lasting impact on the world around us. In our most recent blog, I share the various ways this can be accomplished aside from opening your wallet.

Financial advisers are in the box seat to assist clients with their philanthropy, and good advisers know that philanthropy is an important conversation to have with clients for a whole host of reasons. - Philanthropy is an excellent connection point with your clients and with their children. - Only raising philanthropy when talking about estate planning is doing your client a disservice. There are compelling reasons to "give while you live" - Giving connects people to community and put simply, it feels good. Importantly, philanthropy is a focus for many clients. They will seek advice from their trusted advisers, and it's important advisers know how to respond. Read more from our CEO Judith Fiander, in the Financial Standard: https://lnkd.in/giGwEQ3T #structuredgiving #philanthropy

Article || Involving the Next Generation in Family Philanthropy: A Crucial Aspect of Estate Planning Family philanthropy is a multigenerational legacy that fosters a culture of giving and social responsibility within families. Involving the next generation in family philanthropy is more than a noble endeavor; it is a strategic component of estate planning that ensures the longevity and impact of philanthropic efforts. By integrating younger family members into the philanthropic process, families can preserve their legacy, instill values of generosity, and adapt to evolving societal needs. In today’s article, we shall discuss the importance of including the next generation in family philanthropy and offer practical ways for incorporating this into estate planning. Continue reading on our website via: https://lnkd.in/guBTvJKv